IFSC Code, MICR Codes for STATE BANK OF INDIA in MADHYA PRADESH - KATNI - KATNI - KATNI MARKET KATNI

STATE BANK OF INDIA RTGS HO Branch in KATNI - Address, IFSC, MICR Code


IFSC Code

SBIN0001751

MICR Code

483002003

Branch

KATNI MARKET KATNI

Contact

0

Address

HANUMANGANJKATNIM.P.483501

City

KATNI

District

KATNI

State

MADHYA PRADESH





What is IFSC Code of STATE BANK OF INDIA situated at KATNI MARKET KATNI- RTGS-HO?
IFSC Code of STATE BANK OF INDIA situated at KATNI MARKET KATNI - RTGS-HO is

SBIN0001751

What is the meaning of IFSC Code, MICR Codes in Banking industry?
IFSC or Indian Financial System Code is the code allocated to all banks branches. Bank branches use this code to participate in RTGS and NEFT transactions.

What is the significance of IFSC Code and how we can use it?
IFSC Code is a 11 digit code and we can use this code to communicate between different branches of different banks. Upon receiving the request for fund transfer it is easy for a bank to identify the payee branch. First four characters are code of bank, last six digits are branch code and fifth character is left 0, for any future use.